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change. why? well, given the demand for oil in the united states, canada's producers will still get alberta's oil to the refineries in the gulf of mexico. there are other pipeline possibilities, but the most likely method is by train. the report estimates that it would take daily runs of 15 trains with about 100 tanker cars each to carry the amount planned by transcanada, the company. that's a large increase but one likely to be met. the increases in oil transported by rail in the united states are already staggering. car loads of crude oil on trains doubled between 2010 and 2011, then they tripled between 2011 and 2012. and, remember, research shows that moving oil by train produces much higher emissions of carbon dioxide than were the oil to float through a pipeline. canada could also transport the oil to asia. having visited alberta recently, i can a test that canadian officials and business men are planning to are an asian market. they're regarding american policy as politicized and hostile. if we don't use the oil from alberta, we need to get the oil from somewhere else, venezu
that is through the rule of law. so national committee was put together. and they changed a third of the constitution created an independent commission for elections, a new constitutional court, many other laws, so we took the systematic approach, mainly because of my experiences in being educated in the west and looking at how western systems did it, it was really the rule of law, and i sometimes am surprised by western think tanks and certain european ambassadors of our country where they say this is going to be very difficult. you think? this has been a major challenge and you can't have this by waving a magic wand. it will take work to create platforms so people will start in the next elections vote for candidates because they're on the left or right of those particular issues. that political party culture, that is the major challenge. and where we're starting from down in jordan, i think we're still steps ahead of many, many countries in the middle east. it's going to be tough for all of us, but that's the only way i think we can do it. >> your majesty, thank you very much. t
in size to almost 2 billion people. it will change the world. we'll talk about how. but first here's my take. those of you who followed the show regularly know that i have long argued that cutting government spending if the midst of a weak recovery is not a path toward growth. i have also argued that america has a debt and deficit problem and we need to take it very seriously. the fact is that the vast majority of our problem is related to the cost of health care in america. now the debate over obama care is over, we should start to think seriously of how to get america's health care costs under control. as it turns out a book and magazine story provide ways to think of this. the central debate between republicans and democrats is over whether the free market works well in health care. in a new book catastrophic care, they make the case arguing people need ito become consumers of health care so they, not insurance companies or the government, actually see, feel and pay the bill. that will force producers of health care, doctors and hospitals to push down prices and drive up quality. tha
about when the fed will change monetary policy. actually, i think the president maximum ease policy will remain through the end of next year and probably into 2015. one thing people miss about the debate in austerity, i want to be very clear that i don't think the 2008 financial collapse was a good thing. it was too much anguish and pain and so forth. but it tends to have a dramatic restructuring effect. it had that in the united states and about to begin to have that or is beginning to have that in europe. i want to focus on the private sector because it had a tremendous structuring impact on the private sector. you see this, as zanny said, this housing boom. i think it will be a boom. u.s. oil production just passed 7 million barrels a day and some think it will get to 10 million barrels a day. tremendous competitive advantage. you see the american household finally coming to the end or about the end of deleveraging and seen the statistics of borrowing on a net bases for the first time since the kriss and the point is the events of 2008 and the great recession have had a big, call
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that was totally out of control. now, the change from then to now is striking and it has been the result of continuous engagement by us with the south koreans through some tremendous ups and downs including jimmy carter who wanted to pull all our troops out. he was so disgusted with the south koreans at that point. but we stuck with them. it hasn't been easy. but the result is a magnificent relationship with a country that president obama thinks of as our most reliable ally in northeast asia. >> i take it you see differently? >> a little bit. first of all, i don't think south korea in 1970s is north korea today. secondly, i'm not against engagement either. i was part of administration that in the second term did reach two agreements with north korea on their nuclear weapons. i think the problem right now is that you cannot engage them directly after they have done a series of ballistic missile and nuclear tests. and we are going into a period of sanctions through the u.n. security resolution and a very difficult period for the next couple of months or so. they do not want to give up thei
Search Results 0 to 9 of about 10 (some duplicates have been removed)

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